Little Burros, founded by the Bonidy family, appeared on Shark Tank in 2020, pitching their innovative garden utility tray. Despite not securing a deal, the exposure boosted their brand significantly.
Little Burros raised funds through crowdfunding and is now valued at approximately $5 million. The company remains family-owned, with no major acquisitions or external investors. Little Burros continues to grow, expanding its product line and presence in major retailers like Home Depot and Amazon.
As of 2024, the business maintains steady sales and has built a loyal customer base among gardening enthusiasts.
Little Burro’s Net Worth
Estimated Net worth | $5 million (2024) |
Annual Sales Revenue | $1 million (2022) |
Lifetime sales | Not Available |
Investor | None |
Founders | Bob Thorsen and Mollie Thorsen |
Employees | 40 |
Little Burros Pitch on Shark Tank
Company name | Little Burros |
Product | Wheelbarrow tray to hold drinks and tools |
Episode | Season 11 Episode 20 |
Founders | Bob Thorsen and Mollie Thorsen |
Asked for | $250,000 for 10% equity |
Final deal | No deal |
Shark | None |
Location | Alexandria, Virginia |
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Little Burros Founders
Little Burros was founded by Bob Thorsen and Mollie Thorsen in 2013. Bob and Mollie are the father-daughter duo. They got the idea to start this company after Bob’s wife’s phone went missing. Little Burros’s founders, Bob Thorsen and Mollie Thorsen’s net worth is unknown. Based on valuation it should be around $2.5 million.
Key accomplishments
Year | Accomplishment |
2021 | The company has expanded its accessories. |
2020 | The company appeared on Shark Tank in Season 11. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Little Burros and its continued success.